Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

Swiss investor Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report,” sees his role as matador to an overwrought bull market. Known as Dr. Doom for his perennially bearish outlook on the stock market, he is again predicting the Standard & Poor’s 500 is due for a 30% correction. Faber hasn’t been right in a long time though he lays claim to warning of the ’87 market crash and the 2008 financial crisis. He recently spoke by telephone with USA TODAY‘s Cameron Saucier. Here are his comments, edited for clarity and length:

via Marc Faber is sounding warning bell, again | America’s Markets.